5 or 6 characters is easy. 6 bytes is doable (that's 248 combinations), even with limited hardware.
Namely, a simple Core2 CPU from Intel will be able to hash one password in about 150 clock cycles (assuming you use a SSE2 implementation, which will hash four passwords in parallel in 600 clock cycles). With a 2.4 GHz quad core CPU (that's my PC, not exactly the newest machine available), I can then try about 226 passwords per second. For that kind of job, a massively parallel architecture is fine, hence it makes sense to use a GPU. For maybe 200$, you can buy a NVidia video card which will be about four times faster (i.e. 228 passwords per second). 6 alphanumeric characters (uppercase, lowercase and digits) are close to 236 combinations; trying them all is then a matter of 2(36-28) seconds, which is less than five minutes. With 6 random bytes, it will need 220 seconds, i.e. a bit less than a fortnight.
That's for the CPU cost. If you want to speed up the actual attack, you store the hash results: thus you will not need to recompute all those hashed passwords every time you attack a password (but you still have to do it once). 236 hash results (16 bytes each) mean 1 terabyte. You can buy a harddisk that big for 100$. 248 hash results imply 4096 times that storage space; in plain harddisks this will cost as much as a house: a bit expensive for the average bored student, but affordable for most kinds of governmental or criminal organizations.
Rainbow tables are an optimization trick for the storage. In rough terms, you store only one every t hash results, in exchange of having to do t lookups and t2 hash computations for every attack. E.g., you choose t=1000, you only have to buy four harddisks instead of four thousands, but you will need to make 1000 lookups and a million hashes every time you want to crack a password (this will need a dozen seconds at most, if you do it right).
Hence you have two costs:
The CPU cost is about computing hashes for the complete password space; with a table (rainbow or not) you have to do it once, and then can reuse that computational effort for every attacked password.
The storage cost is about storing the hash results in order to easily attack several passwords. Harddisks are not very expensive, as shown above. Rainbow tables help you lower storage costs.
Salting defeats cost sharing through precomputed tables (whether they are rainbow tables or just plain tables has no effect here: tables are about reusing precomputed values for several attacked passwords, and salts prevent such recycling).
The CPU cost can be increased by defining that the hash procedure is not just a single hash computation; for instance, you can define the "password hash" as applying MD5 over the concatenation of 10000 copies of the password. This will make each attacker guess one
thousand times more expensive. It also makes legitimate password validation one thousands times more expensive, but most users will not mind (the user has just typed his password; he cannot really see whether the password verification took 10ms or 10µs).
Modern Unix-like systems (e.g. Linux) use "MD5" passwords which actually combine salting and iterated hashing, as described above. (Actually, a modern Linux system may use another hash function, such as SHA-256, but that does not change things much here.) So precomputed tables will not help, and the on-the-fly password cracking is expensive. A password with 6 alphanumeric characters can still be cracked within a few days, because 6 characters are kind of weak anyway. Also, many longer passwords are crackable because it turns out that human begins are bad are remembering passwords; hence they will not choose just any random sequence of characters, they will select passwords which have some "meaning". This reduces the space of possible passwords.